537 2nd St - Hospitality FOR SALE


Havre, MT 59501
$390,000 USD
406-390-1381
537 2nd St, Havre, MT for Sale
$390,000 USD
Hospitality - FOR SALE
1/55
null | Request Cap Rate

537 2nd St
Havre, MT 59501


OVERVIEW

Motel Conversion Investment Opportunity at 537 2nd St, Havre, MT | Value-Add Redevelopment with Renovations Underway Looking for an investment property in Havre, Montana with the potential to create multiple income streams? Located at 537 2nd St, this former motel offers a rare value-add redevelopment opportunity in the heart of Montana’s Hi-Line. The property is conveniently located near downtown Havre, US Highway 2, MSU-Northern, Northern Montana Hospital, shopping, restaurants, schools, & many of the area’s largest employers, making it well-positioned for future residential, commercial, or mixed-use demand. Spanning three levels, much of the heavy demolition work has already been completed, saving both time & expense. A large portion of the plumbing & electrical has already been installed, extensive framing is in place, and several areas are already nearing completion. Current renovation plans include office space, storage units, & multiple rental units, offering the next owner flexibility to continue the existing vision or adapt the project to meet market demand. Buyers should verify all zoning & permitted uses with the City of Havre. Havre is the commercial & economic hub of north-central Montana, with a stable economy supported by healthcare, higher education, agriculture, transportation, & regional business. The community is home to MSU-Northern, Northern Montana Hospital, & the BNSF Railway, helping support ongoing demand for housing and commercial space. Residents enjoy nearby Fresno Reservoir, the Bear Paw Mountains, two local golf courses, historic downtown Havre, local museums, restaurants, festivals, and year-round recreation including fishing, hunting, hiking, camping, and boating. Whether you’re looking for a Montana commercial investment, motel conversion project, apartment redevelopment opportunity, mixed-use building, office redevelopment, storage facility investment, or a value-add income property, 537 2nd St offers a chance to complete a project with substantial renovation progress already in place and significant upside potential.

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$35 USD /SF

# OF ROOMS

33

PRICE/ROOM

$11,818 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frontier Electric Inc Building

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

Commercial Intermediate

APN/PARCEL ID

12-4441-08-1-42-08-0000

ASK ABOUT THIS PROPERTY

John CARLSONBullhook Real Estate LLCMore Info
406-390-1381

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John CARLSONBullhook Real Estate LLCMore Info
406-390-1381

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.